UK Sales: 0191 418 1122         International: +44 191 418 1133

  • Next day delivery
  • Free standard UK delivery
    on all orders over £100
  • Industry leading
    customer service
  • Free technical support
    from our team of experts

Record profits as Canford strengthens its market leading position

Image of the front of the Canford HQ buildingReporting on its year end to 31 October 2018, Canford Group Limited, a Washington, Tyne and Wear based manufacturer of professional audio equipment, has seen gross profits rise to £5.06million and net profits for the year after taxation increasing by 52% despite turnover falling to £15.7million.

The Canford brand is renowned and widely respected, both for quality of service and for the diversity of stock lines on offer. Working from its headquarters in the North East of England, and supported by a wealth of in-house technical knowledge and language skills, the Canford Group incorporates metalwork manufacturing on the Isle of Portland (Dorset) and a European Sales office in Erstein, close to Strasbourg in France.

Canford operates a number of comprehensive websites which serve as the Canford catalogue. Its online presence incorporates a main website at, with French and German versions and respectively providing a tailored product offering, translated and priced in local currency to meet the demands of an international market place.

The group continues to develop its own fibre termination facilities with investments in staff training and specialist equipment required for the production of its fibre camera cables for premium live television broadcasts, and heavy-duty fibre audio cables for outdoor festivals and concerts.

In the period covered by the report, Canford made a strategic decision to increase its stock holding to further improve its order fulfilment and ensure it can continue to meet customer demands throughout the possible disruption of the UK leaving the European Union. Stock was increased 15.9% to £2.85million.

Commenting in the company’s strategic report, John Francis, Chairman, added: “Canford’s own brands are an important source of sales growth, with continuing high demand for both standard products and custom variations. We have gained an international reputation for producing extremely high-quality metalwork, which is now specified for audio and video connection points in many of the highest profile sports stadiums in the Middle East.

We have succeeded in growing sales margins within a competitive market so that profitability has improved despite the loss of Ash Distribution turnover. The directors are proud to report that the year ended 31st October 2018 was the group’s most profitable year to date, with profits more than double the amount achieved in the previous year. We express our thanks to our loyal staff, customers and suppliers for this achievement.”

Canford's CEO Iain ElliottThe company acknowledges national and international uncertainty about the nature, timing and consequences of “Brexit”. Canford is an international business and the directors view this with concern. A full “Brexit Risks Review” has taken place, which has highlighted that Canford’s substantial experience in handling exports to non-EU countries stands the business in good stead for changes in the business process. Some measures to anticipate events have taken place, including acquisition of strategic stocks and discussions with logistics suppliers, and the company has set out its intention to take advantage of its long-established French subsidiary, Canford Audio SARL, to support European sales.

In its annual report, the directors confirm Canford’s on-going commitment to research and development activities in order to secure its position as a market leader in the supply of professional audio, video and data equipment.

Latest stories

  • Tecpro Special Offer

    Tecpro Special Offer

    SPECIAL OFFER: We've launched two, time limited Tecpro promotions which will run until 03/08/19.

  • Reverb Twentyfour provides Virtual Acoustic for LSO

    Reverb Twentyfour provides Virtual Acoustic for LSO

    Currently the landscape of audio production and reproduction is changing since 3D audio is starting to become common place in cinemas and homes where the Dolby Atmos format is available. Dolby Atmos utilises surround speakers in the horizontal plane but also above the listener. The BBC is also moving forward researching ways of delivering a more immersive listening and viewing experience into the homes of viewers whether that is utilising 3D speaker arrays or over headphones.

  • Review: Sennheiser XS Wireless Digital

    Review: Sennheiser XS Wireless Digital

    We took some time out to review the all-new XS Wireless Digital radio mic series from Sennheiser.

  • Canford on tour

    Canford on tour

    Although Canford is better known as a manufacturer and distributor of quality pro audio and video products to the broadcast, AV, theatre and education markets it has in recent years also begun to develop an increasingly strong reputation as a supplier of choice for the booming live touring industry.